Shrinkage
Encyclopedia
Shrinkage has multiple meanings, depending on the context.
- Shrinkage (accounting)Shrinkage (accounting)In financial accounting the term inventory shrinkage is the loss of products between point of manufacture or purchase from supplier and point of sale. The term shrink relates to the difference in the amount of margin or profit a retailer can obtain...
– the loss of products - Shrinkage (statistics)Shrinkage (statistics)In statistics, shrinkage has two meanings:*In relation to the general observation that, in regression analysis, a fitted relationship appears to perform less well on a new data set than on the data set used for fitting. In particular the value of the coefficient of determination 'shrinks'...
– a technique to improve an estimator - Shrinkage (fabric)Shrinkage (fabric)Shrinkage is when a fabric becomes smaller than its original size, usually through the process of laundry. Novice users of modern laundry machines sometimes experience accidental shrinkage of garments, especially when applying heat. Others may intentionally try to shrink a garment in their size...
– a common problem when doing laundry - In casting, a casting defect brought about by the reduction in volume of the cast material as it cools and solidifies
- Slang term referring to human penis sizeHuman penis sizeHuman penis size is the measured length and width of the human penis. The most accurate measurement of the human penis comes from several measurements at different times, as there is natural variability in size due to arousal level, time of day, room temperature, frequency of sexual activity, and...
, particularly when the penis and scrotum contract in response to chilling.